The EU allocated 819,000 MT of wheat export licenses last week, bringing the total to 16.7 MMT versus 10.8 MMT allocated at the same time last year. Milling Wheat The Black Sea market has been stable during the last two weeks with a limited volume of trades reported.The EU allocated 819,000 MT of wheat export licenses last week, bringing the total to 16.7 MMT versus 10.8 MMT allocated at the same time last year. It was very competitive over the last two months, and this was immediately reflected in the volume of export commitments from France and Germany. The Black Sea wheat market has been under big pressure over the last few weeks. Consequently, Russian and Ukrainian wheat are currently cheaper than French wheat.The winter has finally a...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.